Swire Pacific Ltd. (OTCMKTS:SWRAY – Get Free Report)’s stock price shot up 5.2% on Friday. The stock traded as high as $13.6095 and last traded at $13.6095. 273 shares were traded during mid-day trading, a decline of 99% from the average daily volume of 26,634 shares. The stock had previously closed at $12.94.
Analyst Ratings Changes
Separately, Zacks Research upgraded Swire Pacific from a “hold” rating to a “strong-buy” rating in a research report on Friday, September 4th. One investment analyst has rated the stock with a Strong Buy rating. According to MarketBeat, the stock currently has a consensus rating of “Strong Buy”.
Check Out Our Latest Research Report on SWRAY
Swire Pacific Stock Performance
The stock’s 50-day moving average is $13.20 and its two-hundred day moving average is $11.83.
Swire Pacific Company Profile
Swire Pacific Limited is a Hong Kong-based diversified business group with operations spanning property, beverages and food, aviation, marine services, and trading and industrial activities. The company is the listed parent of a range of businesses associated with the Swire Group and serves customers and commercial partners across Asia and selected international markets.
Its property division, Swire Properties, develops, owns and manages premium commercial, retail and residential projects, particularly in Hong Kong and mainland China.
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